BTCUSDT TradeAfter taking liquidity sell side we see an accumulation of the price before making an impulse towards supply zone
Btcusdtlong
BTCUSDT. Consolidation.Hello everyone. I want share my idea about Bitcoin.
We saw massive move couple weeks ago on bitcoin, came to 2023 High and start consolidation.
In my opinion bitcoin still have power for brake that resistance and continue moving up. for that we need to look 2 different LVL which is at 29500 and 31300.
For me consolidation is the best for trade but when you have bullish trend the best open position is low key at the moment 29500.
I think next week Bitcoin will show real direction and brake support or resistance, BUT WE NEED TO BE CAREFULLY. usually Market makers make false brake outs when price consolidating. For that this is my price prediction with scenes.
1 Bullish Scene - Price coming to close resistance which is at 31300, brake that resistance with bullish candles then coming back to retest and here will be my long position entry.
2 Bearish Scene - Price brake support LVL at 29500 with Strong bearish candles, then it coming for retest and here will be my short position open.
BE PATIENT!!!!
BTCUSDT--34K or 25K ??Observations:
If we see on the weekly chart the previous demand zone is clearly resisting the price to go up.
on bottom side price has taken the support from previous supply zone/Resistance Acts as support and price moves up.
Weekly analysis...
Daily Analysis::
If we see on daily analysis...the price is in a range from few days...
the previous supply zone is resisting the price to gg down.
If price breaks this zone then only we have a chance of short oppurtunity...
A rally base rally is going to observe if price breaks this range, on upside.
No retest is observed after breaking the trendline as well...if it wants to test this 34000 wants to acts as resistance.
BTCUSDT - Bullish Daily Cross ❕Hi Traders, Investors and Speculators of Charts📈📉
About a week ago, we took a look into the Technical Indicators of BTC and at the time, I concluded that it is MOST DEFINITELY the start of another bullish cycle, as seen here:
Something that I was particularly focusing on was the daily bullish cross on the technical indicator, and that has since happened. In previous instances, the price of BTCUSD went up tremendously after such a cross was observed in the daily timeframe, as pointed out on the two dark charts.
In other words, I am expecting more bullish price action for BTCUSDT with my first short term target being around $34K.
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CryptoCheck
BINANCE:BTCUSDT BITSTAMP:BTCUSD COINBASE:BTCUSD BINANCE:BTCUSDT.P INDEX:BTCUSD BYBIT:BTCUSDT.P CRYPTOCAP:BTC.D
BTCUSDT heading to daily support, long favorable from thereI expect the price to head towards daily support DS1. The price is currently trading between 4h resistance 4HR1 and daily support DS1. A long will be favorable from the daily support zone DS1 if the price hits there. Lets see when and how we reach there. The tarrget of this trade should be first 4h resistance 4HR1 and then 4HR2.
Elliott Wave 5 Signals Lower Target, but Expects BTC Bounce
As a cautious Bitcoin trader, staying informed and adapting your strategies is crucial.
Based on recent analysis using Elliott Wave theory, Bitcoin's price appears to be entering the fifth wave of its current cycle. This wave suggests a lower target in the near term, which may cause some concern among traders. However, it is essential to note that the Elliott Wave theory predicts a subsequent big bounce rally.
While we cannot predict the exact timing of these market movements, it is essential to approach this situation from a long-term perspective. Despite the potential for a short-term dip, the overall trend for Bitcoin remains positive. Cryptocurrency has repeatedly proven its resilience, overcoming various challenges and establishing itself as a legitimate store of value.
Therefore, I encourage you to consider holding onto your Bitcoin investments for the long term, even after the anticipated dip. By doing so, you can benefit from the potential bounce rally that often follows such corrective waves. Remember, successful trading requires patience and a focus on the bigger picture.
It is worth noting that market conditions can be unpredictable, and it is always wise to diversify your investment portfolio. While Bitcoin has shown tremendous potential, it is essential to consider your risk tolerance and financial goals when making investment decisions.
As always, I recommend staying updated with trusted sources' latest market analyses and trends. This will enable you to make informed decisions and navigate the ever-changing landscape of cryptocurrency trading.
If you have further questions or concerns, please do not hesitate to ask in the comments. I am here to support you on your Bitcoin trading journey.
Remember, successful trading requires a long-term perspective. Despite the potential short-term dip, Bitcoin's overall trend remains positive. Consider holding onto your Bitcoin investments long-term, even after the anticipated drop, to benefit from the likely bounce rally that often follows corrective waves. Stay informed, diversify your portfolio, and make informed decisions based on your risk tolerance and financial goals.
BTCUSDT to head towards 4h resistance 31136-31236The 4h resistance 4HR1 is holding the price back. The price was pushed back down from that resistance zone towards 4h support 4HS1 after our last trade concluded. After that it has moved up to the resistance zone again and has attempted on LTF several times to go beyond it but everytime it has been pushed back.However, it seems that the resistance will give the way for the price to move higher towards 4h resistance 4HR2. Please keep in mind that this is a short time frame trade analysis. The price for long time frame, I will discuss that in a separate post.
📈Bitcoin looking for a retest, 32K then 35K📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders, after a break, I'm back with my daily analyses of the cryptocurrency and forex market.
Welcome to the second season of my technical analyses.
At this stage, I will be shareing my short-term and medium-term positions on Bitcoin, Ethereum, XAUUSD, EURUSD, and the DXY Index with you.
✌💥If you are satisfied with my analytical content, please share my ideas💥✌
✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
BTCUSDTIn my opinion it appears that there are two potential scenarios for Bitcoin (BTC) within an ascending channel, which may result in a price movement towards the channel's upper boundary
Planning my BTCUSDT as shownYou can also trade on BTCUSDT. Keep in mind , I will be trailing my stoploss if it gives sufficient profits.
CFX on Bullish Buy it on CMP thats how you degen LSE:CFX on a Sunday
CFX could also break up and out
BTCUSDT at daily support, may bounce to 30636The price dropped from 4h resistance 4HR2, which was our target for last long trade, to the daily support zone DS1. The price bounced from there only to revisit this support again. I think a long is suitable and favorable from this support zone again. I expect the price to again move towards 4h resistance zone 4HR1. That should be our target for this long trade.
BTCUSDT at 4h support, long it to 31166-31236The price has retraced from the 4h resistance zone 4HR1. Now it has hit the 4h support zone 4HS1. This can be our entry for the long trade. I expect the price to break 4h resistance 4HR1 on this attempt. Therefore lets target 4h resistance zone 4HR2 for this long trade. This resistance sits around 31166-31236.
BTC - DONT ARGUE📛 It's BULL SEASONHi Traders, Investors and Speculators of Charts 📈📉
After a sudden breakthrough of the resistance zone at FWB:29K , BTC is looking ready for more upwards price action.
The technical indicators in the daily timeframe are screaming bullish as we're about to witness the bullish cross that happens just before periods of parabolic upwards price action.
IF the weekly candle can CLOSE above the resistance zone as pointed out, it will form three white soldiers - a bullish candlestick pattern.
The next major stop based on supply zones and Fibonacci Retracement is FWB:42K (macro outlook).
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BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD BITFINEX:BTCUSD CME:BTC1! CRYPTOCAP:BTC BYBIT:BTCUSDT KUCOIN:BTCUSDT
BTCUSDT close to daily support, likely to bounce to 30636-30736The price moved according to out expectation for the last trade we took a few days ago. It did not quite reach the resistance zone target but came quite close to it. I could not provide any update after that as I was traveling. The price came back and hit the daily support which was again a level to go long. The price bounced from there and came back again when pushed down by newly formed 4h resistance zone 4HR1. The price again bounced to 4h resistance zone 4HR1 to meet the same fate. Currently the price is again heading towards daily support DS1 and likely to hit it quite soon. I think a long should be favorable again from there towards the 4h resistance 4HR1. Do you think this will work out again like other bounces from DS1 zone?
Long Position for BTCUSDT !? Try to Look simple but wise ...As you see on weekly basis chart; we broke the resistance and we will have potential to move on long position with 50K target for BTCUSDT and then maybe the skyfall down to 30K again.
Wise simplicity is a key of complex success, maybe ! :))
I wish Mr. Market also want what I have mentioned in my technical analysis ....
Not a financial advise, take your own risk, Wish you all the best.
📈 BTC Trade Setup📈 BTC Trade Setup: Potential Upside Move Based on SMC Concept 📉💡
🔍 Trade Setup:
Entry: $30,260
Target: $30,905
Stop Loss: $30,175
📊 Analysis: BTC is currently trading at $30,495. Based on the Smart Money Concept, consider entering a long position at $30,260, anticipating an upward move. Set the target at $30,905 and place a stop loss at $30,175 to manage risk.
⚡️ Probability Analysis: Taking into account the SMC concept, there is a probability of a price increase. Traders should closely monitor the price action for confirmation of the anticipated move. #BTC #TradingSetup #SMCConcept
bitcoin is about To do a Bullish movement!🤑The BTCUSD is in a Bullish phase by a Falling Wedge Pattern.
-Descending wedge within a rising channel indicates potential breakdown towards previous ATH
⭐ Note if the Wedge Pattern is broken downwards with the strength of Bearish candles , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
BTCUSDT H1 : Setup for long Hi Guys , Hope you well
We have two scenario for long ,we can go up with break the bearish trendline, but i agree with go down to hit the liquidity and then upward . please check your own setup. And do the best.
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTCUSDT H1 : SETUP FOT TradeHI guys Hope you well and enjoyed your weekend.
I show you an situation for long setup please do your own research .
SecondChanceCrypto
⏰26/JUNE/23
⛔️DYOR
Always do your research .
If you have any questions, you can write them in the comments below.and I will answer them.
And please don't forget to support this idea with your likes and comments.
BTC - LongBtc Price at HTF OB
and the price takes ssl on 15m Lower Time Frame and got Market Structure Shift
So taking long Trade targetting to External Liq.
Good news for BTC traders - Declining MACD and rising MA 50 crosAs you might already know, the MACD (Moving Average Convergence Divergence) is a popular technical indicator traders use to identify potential trend reversals and momentum shifts in the market. Recently, we have seen a decline in the MACD for BTC, which is a positive sign for traders.
Moreover, the MA 50 (50-day moving average) has crossed over the MA 200 (200-day moving average), another encouraging sign for BTC traders. This crossover indicates that the short-term trend is moving higher, and the long-term trend is bullish.
All of this is exciting news for BTC traders, and it might be a good time to consider trading BTC. With the declining MACD and the rising MA 50 crossing over MA 200, the market is showing signs of potential growth.
So, if you're looking for an opportunity to trade BTC, now might be the time to take action. Don't miss out on this potential growth opportunity.
